International legal practice Osborne Clarke has advised GoStudent GmbH on its acquisition of e-learning company Seneca Learning Limited.
GoStudent GmbH, a Vienna based education technology company, has acquired UK based Seneca Learning Limited. This acquisition will result in an expansion of GoStudent's offering to students and increase accessibility to markets across the globe.
Florian Potzy, Corporate Development Manager GoStudent, said: "The United Kingdom is one of GoStudent’s core regions, and we aim to become the market leader. With Osborne Clarke, we had a great legal advisor on our side to conclude our largest deal thus far in a timely and efficient manner. Many thanks to the whole team that supported us at all times with great expertise, diligence, and a solution-orientated approach."
GoStudent recently raised 300 million euros in a Series D funding round, valuing the company at three billion Euros. The funding will allow GoStudent to expand further by way of strategic acquisitions in the UK and beyond. Partners Andrew Saul and Tracey Wright, Senior Associate Rav Sagar and Associate Laurence Nelson advised GoStudent.
Osborne Clarke’s Corporate team is considered a go-to practice for many companies in the tech, media and comms sector, working with global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.